What to know now about changes to your 2025 taxes
7 Articles
7 Articles
2025 Tax Review | What OBBBA Changed, the Impact of Tariffs, and What’s Next
In this episode, we break down what the OBBBA did, walk through our projections, and zoom out to other defining fights of 2025: Trump's "Liberation Day" tariffs, the Supreme Court challenge over presidential tariff power, and the growing wave of property tax revolts across the states.
By Juana Sahadi, CNN. Donald Trump’s “Great Beautiful Act,” signed into law in July, created several new tax provisions and modified others that will take effect this year. Therefore, it’s a good idea to review some of the most important changes before preparing your 2025 US tax return. Some of the provisions could result in a lower tax bill or a larger refund. However, determining whether you qualify to claim them and what documents you’ll need…
What to know now about changes to your 2025 taxes
The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of some of the key ones before preparing your 2025 tax return.
2025 Tax Filing Changes: What the One Big Beautiful Bill Act Means for Tips, Overtime, Car Loans, SALT, Refunds — and Small Businesses
December 18, 2025 — As the year closes, Americans are getting their first real preview of how the One Big Beautiful Bill Act (often shortened to OBBBA) will reshape the 2025 tax return they’ll file in early 2026. The law (Public Law 119-21) introduced new deductions, lifted familiar limits, and locked in major parts of the 2017-era tax structure—while the IRS continues rolling out guidance and forms designed to make the new rules workable for ta…
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